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Am I Correct - Possible Put Trade?

  • #21
  • Feb 4, 2014 12:57pm Feb 4, 2014 12:57pm
News trading is difficult and i have never practiced it. I think it's way too tricky.
  • #22
  • Feb 4, 2014 2:12pm Feb 4, 2014 2:12pm
Quoting SemperAugust
News trading is difficult and i have never practiced it. I think it's way too tricky.
I sometimes look on Henry Liu's site where he lists the upcoming events and what he considers to be tradeable deviations. What I think is the hardest part with trading news is SL/TP and binaries would take that away. Just a thought if you have fast fingers. I know very little about binaries brokers; would it be difficult to place a trade around news time?
  • #23
  • Feb 4, 2014 2:39pm Feb 4, 2014 2:39pm
<p>
Quoting Muhammad Ezz
&lt;p&gt;{quote}&lt;/p&gt; &lt;p&gt;&lt;/p&gt; &lt;p&gt;&lt;/p&gt; In both we're predicting the market direction, aren't we?!
</p>
<p></p>
You guys really look like a good team together!
  • #24
  • Feb 4, 2014 3:00pm Feb 4, 2014 3:00pm
Around new time spreads grow and with the broker where i almost went broke (that's why binary brokers are called broker), so do costs. So where you normally get around 80-85% return on a win, around news time you get 60%.

As i'm not an opportunist, i do not trade news. But to make this venture - beating the binary brokers - be successful, maybe we all take a different approach. I'm working on a 15m strategy as that is the timeframe that is harmonic for me.
  • #25
  • Feb 4, 2014 5:34pm Feb 4, 2014 5:34pm
Heey players I'm sorry for the late reply but I've been busy all day. It'srea lly pleasant to see the interaction going in here, we really can put a team together .... I couldn't check on today's candle but I'll do for the next 4 hours candle. See ya folks
So sorry for always replying late! But I got 2 Jobs!!
  • #26
  • Feb 4, 2014 6:23pm Feb 4, 2014 6:23pm
So let's handle the trade conditions differently, I'm gonna add the pullback conformation. So for the Eur Usd we're still waiting for it
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So sorry for always replying late! But I got 2 Jobs!!
  • #27
  • Feb 4, 2014 6:32pm Feb 4, 2014 6:32pm
Congrats on your graduation!

Here's a couple threads (http://www.forexfactory.com/showthread.php?t=469225) (http://www.forexfactory.com/showthread.php?t=462726) from someone that's pretty good with binary options. Don't look at his explorer track record. That's something different.

Binary options are like drawing a line on the chart & asking yourself "Will it close above or below the line in 15M, 30M, etc......?"

Good luck!
  • #28
  • Feb 4, 2014 6:35pm Feb 4, 2014 6:35pm
Quoting srt
Congrats on your graduation! Here's a couple threads (http://www.forexfactory.com/showthread.php?t=469225) (http://www.forexfactory.com/showthread.php?t=462726) from someone that's pretty good with binary options. Don't look at his explorer track record. That's something different. Binary options are like drawing a line on the chart & asking yourself "Will it close above or below the line in 15M, 30M, etc......?" Good luck!
Thank you so much ma brotha ..... gonna check those threads right away .... Glad to see you around
So sorry for always replying late! But I got 2 Jobs!!
  • #29
  • Feb 4, 2014 8:01pm Feb 4, 2014 8:01pm
Here all the conditions has been completed. A Put on the next 4H expiry. Let's see if this strategy works after adding the pullback condition
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  • #30
  • Feb 5, 2014 6:07am Feb 5, 2014 6:07am
Quoting Muhammad Ezz
Here all the conditions has been completed. A Put on the next 4H expiry. Let's see if this strategy works after adding the pullback condition {image}
I slept right after putting the Put trade, So this time it worked, Price went down during the 4 hours expiry time and it's still going down. Maybe waiting for the pullback was the missed angle of the equation ... Anyway I'll come back for the next 4 hours candle to see if there are any other chances to see how the new condition gonna help, cheers
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So sorry for always replying late! But I got 2 Jobs!!
  • #31
  • Feb 5, 2014 7:38am Feb 5, 2014 7:38am
Quoting Muhammad Ezz
{quote} I slept right after putting the Put trade, So this time it worked, Price went down during the 4 hours expiry time and it's still going down. Maybe waiting for the pullback was the missed angle of the equation ... Anyway I'll come back for the next 4 hours candle to see if there are any other chances to see how the new condition gonna help, cheers {image}
Pullback is somethng I struggle with. Sometimes there are pullbacks, sometimes not. Do you set a pending order expecting a pullback, it doesn't happen and you miss the trade or do you dive in anyway, then you need a bigger SL and have to suffer drawdown. Until I can figure out something better, at the moment I am doing the latter. Most of the time I get the result I want, but it's stressful. I don't have the time to go on smaller TF and stare at the screen all day. Well done on your trade .
  • #32
  • Feb 5, 2014 8:00am Feb 5, 2014 8:00am
Quoting jen101
{quote} Pullback is somethng I struggle with. Sometimes there are pullbacks, sometimes not. Do you set a pending order expecting a pullback, it doesn't happen and you miss the trade or do you dive in anyway, then you need a bigger SL and have to suffer drawdown. Until I can figure out something better, at the moment I am doing the latter. Most of the time I get the result I want, but it's stressful. I don't have the time to go on smaller TF and stare at the screen all day. Well done on your trade .
Hey buddy, I don't need a SL. it's a Put trade ( binary options ). I just have to tell that the price is going up/down during a certain duration of time ... Thanks and it'll be nice to hear about your method Cheers
So sorry for always replying late! But I got 2 Jobs!!
  • #33
  • Feb 5, 2014 8:01am Feb 5, 2014 8:01am
Found no trades setups for the current 4 hours candle, C ya tonight folks as I'm heading to work ..... all the best
So sorry for always replying late! But I got 2 Jobs!!
  • #34
  • Feb 5, 2014 8:09am Feb 5, 2014 8:09am
Quoting Muhammad Ezz
{quote} Hey buddy, I don't need a SL. it's a Put trade ( binary options ). I just have to tell that the price is going up/down during a certain duration of time ... Thanks and it'll be nice to hear about your method Cheers
My problem. I'm still on forex
  • #35
  • Feb 5, 2014 9:24am Feb 5, 2014 9:24am
I hope whenever an admin cross by here to change the Thread title to "Daily Possible Binary Options Trades Setups" ... thx in advance
So sorry for always replying late! But I got 2 Jobs!!
  • #36
  • Feb 5, 2014 3:52pm Feb 5, 2014 3:52pm
Quoting numbnuts
When you trade derivative instruments like binary options, you are essentially making a complex bet on the direction of the underlying asset - in this case, a currency pair. If you are long and it goes up, you make money. If you are long and it goes down, you lose money. Why not just trade the pair itself? By using derivatives you are just throwing more obstacles and distractions in your own path, blurring the picture and moving away from where you should be. Concentrate on price alone, where it is going, and whether you want to be long or short...
This is nice, am really going to enjoy my stay here since am not old in this whole thing. Am already seeing proofs why I should be here.
  • #37
  • Feb 5, 2014 5:08pm Feb 5, 2014 5:08pm
Sorry guys for not being here at the daily opening, was busy ... Will watch the next 4 hours candle c ya
So sorry for always replying late! But I got 2 Jobs!!
  • #38
  • Feb 5, 2014 7:46pm Feb 5, 2014 7:46pm
No trades for the next 4 hours expiry. The chances following this system seem to be accurate but very few :/
So sorry for always replying late! But I got 2 Jobs!!
  • #39
  • Feb 5, 2014 8:04pm Feb 5, 2014 8:04pm
This is obviously not following the system because it's on the 1 hour tf but if the AUD is up against the JPY and USD and the Euro is down against it then I think it's def going up. So, I'll wait for the 1st pullback that appear on anyone of those charts. What do you think, Guys
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  • #40
  • Feb 5, 2014 10:00pm Feb 5, 2014 10:00pm
Call on AudJpy as the pullback has been completed

N.B. this is a trial on the 1 hour tf
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